Thursday, January 10, 2013

Kingfisher Airlines' employees seek closure of cash-strapped carrier


New Delhi:  Let down on several occasions by unfulfilled promises to clear several months of salary dues, the employees of Kingfisher Airlines in Delhi have sought closure of the cash-strapped carrier by initiating legal proceedings against the company on Thursday.
Employees of the airline's maintenance and ground support departments, who held a meeting on Wednesday afternoon at the Delhi airport, have also decided to submit a memorandum to the ministries of corporate affairs, civil aviation and labour seeking an enquiry into the management of the company.
They have demanded clearing of salary dues by selling the company's assets.
"We have already appointed two advocates who will begin the legal procedures on Thursday and will soon go to the court to file the case. There is no meaning to pull the company like this when it has been grounded for months and our state is worse than being unemployed," the airline's maintenance employees association head Santosh Kumar Gautam said.
The winding-up petition would be filed under the Companies Act to close down the airline, which has been grounded since October 2012.
10/01/13 Economic Times
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